Food for thought

Treasury Secretary William Gibbs McAdoo shut the New York Stock Exchange for four months in 1914, to prevent foreign investors from cashing out and throwing the U.S. into financial chaos at the outset of World War I, American policy makers routinely have suspended their support for free markets when confronted by economic peril.
Bloomberg march 16th.
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Treasury Secretary William Gibbs McAdoo shut the New York Stock Exchange for four months in 1914, to prevent foreign investors from cashing out and throwing the U.S. into financial chaos at the outset of World War I, American policy makers routinely have suspended their support for free markets when confronted by economic peril.
Bloomberg march 16th.
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Hummmm?

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I wasn't surprised to hear they are trying to outlaw short-selling and this is no surprise either. You really have to be ready for anything. There is so much intervention that there really are no safe investments.

Could you imagine the chaos if they closed the NYSE in this day and age?